Hancock Holding Co. (HBHC) Commences $150M Offering
Hancock Holding Company (Nasdaq: HBHC) today announced it has commenced an underwritten registered public offering of approximately $150 million in common stock. Hancock Holding Company intends to grant the underwriters an option to purchase up to an additional 15 percent of the shares sold to cover over-allotments, if any. Keefe, Bruyette & Woods, Inc. and Morgan Stanley are acting as joint lead book-running managers. Sterne Agee & Leach, Stifel Nicolaus & Co. and FIG Partners will serve as co-managers.
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